Indiana United Methodist Childrens Home Foundation Inc

Analysis

Indiana United Methodist Childrens Home Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indiana United Methodist Childrens Home Foundation Inc reported income of $5.0m and spending of $2.2m, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $5.0m (+138%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 392%. Over the whole period it spent 35% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Indiana United Methodist Childrens Home Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Struggle to Save Ethiopian Jewry Inc ($5.0m), United Way of Northwest Indiana Inc ($5.0m) and The Education Foundation of Collier County Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. Compensation of current officers, directors and key employees was $128k (6.0% of expenses). Other salaries and wages came to $197k. At year end it held assets of $69.8m against liabilities of $1.6m, net assets of $68.2m. It reported 4 employees.